Tag: crypto currency

Crypto Token Tied to Sam Bankman-Fried Is Now the Year’s Best Performer
Technology

Crypto Token Tied to Sam Bankman-Fried Is Now the Year’s Best Performer

[ad_1]  Almost a year after the demise of Sam Bankman-Fried's crypto empire, one of the blockchain projects most associated with the now disgraced entrepreneur is emerging from under the cloud his downfall cast over the digital-asset world. Solana's SOL token has surged about 340% to $41 in 2023, outdoing the 114% rally in market bellwether Bitcoin and becoming the best performing token among the largest cryptocurrencies tracked by Bloomberg. That follows a 94% drop last year as Bankman-Fried's FTX and Alameda Research — two major backers of the project - collapsed into bankruptcy. We are now on WhatsApp. Click to join. The token has doubled over the last 30-days amid the launch of a software solution dubbed Firedancer and the broader rally in the crypto market. Testing of the Firedance...
Crypto Memes Kick Back Into High Gear After Bitcoin ETF Frenzy
Technology

Crypto Memes Kick Back Into High Gear After Bitcoin ETF Frenzy

[ad_1] If there's one thing that crypto enthusiasts love more than the digital assets themselves, it's memes. A frenzy of crypto-based memes have gained fresh momentum last week as Bitcoin rallied.Growing expectations that the US Securities and Exchange Commission will authorize exchange-traded funds that invest directly in Bitcoin pushed the largest crypto by market value up by more than 25% over the past two weeks to around $35,000 on Wednesday — its highest level in about 18 months. The breakout gives bulls some hope even as reminders of the industry's recent woes linger. Just last week, Sam Bankman-Fried took the stand in his own defense of criminal charges stemming from the collapse of his crypto exchange FTX. He has pleaded not guilty. We are now on WhatsApp. Click to join. Memeco...
My Eyeball Met With Sam Altman’s Crypto AI Scanner
Technology

My Eyeball Met With Sam Altman’s Crypto AI Scanner

[ad_1] Sam Altman's imprimatur has given a new lease of life to cryptocurrency Worldcoin, whose orb-shaped iris scanners — key to verifying individuals who can then claim free tokens — are now being pitched as humanity's future ID system in a world dominated by artificial intelligence. The hype has certainly been very human: After launching this week, the digital money more than doubled in value before falling as much as 90%.So far, so crypto. Clearly, there'll always be some kind of market for speculative tokens lacking intrinsic value. But Worldcoin does have something worth taking a closer look at: Those orbs, and the apparent willingness of 2 million people and counting to scan their irises in return for… well, what exactly? In a world where our data is regularly hoovered up by web ...
Wait, What? Tea Stall Vendor Accepting Crypto As Payment Has Surprised Internet
Health

Wait, What? Tea Stall Vendor Accepting Crypto As Payment Has Surprised Internet

[ad_1] Chai or tea is one of the favourite beverages of Indians. Countless people swear by the steaming hot brew to wake them up in the morning. The popularity of chai is testified by the popping up of chai corners on every street in every city of the country. These chai tapris are exceedingly popular, not just for their low prices but also for their excellent quality chai. Surprisingly or not, these vendors are not accepting payments digitally as well. But can you imagine going to your local tea vendor and accepting payment in the form of cryptocurrency? This was exactly the picture shared on the internet recently by industrialist Harsh Goenka. Take a look:The new India….. pic.twitter.com/MQjO6FHiOY— Harsh Goenka (@hvgoenka) December 1, 2022(Also Read: From Crypto Samosa To Bitcoin Samo...